Singapore - Singapore shares jumped 3.4 per cent Thursday after central banks around the globe, including four in Asia, cut interest rates in a coordinated push to curb the impact of the global financial crisis.
Traders said they were not expecting the rebound to last, pointing out that the banking crisis would not immediately go away.
The Straits Times Index rose 69.1 points to close at 2102.71 as the shares of 278 companies declined and 250 gained.
London - The London stock market rebounded in early trading Thursday, which saw the Financial Times Share Index rise by 3 per cent while banking shares were up again sharply.
The recovery was led by banks expected to tap the government for new capital pledged in a 50-billion-pound (87-billion-dollar) package Wednesday, and boosted by gains on Far Eastern markets as well as the global interest rate cuts.
Shares in Halifax Bank of Scotland (HBOS) were up nearly 30 per cent Thursday, while Royal Bank of Scotland shares rose by 16 per cent.
Seoul - Shares closed slightly higher Thursday on the Seoul stock exchange as central banks around the world, including South Korea's, cut interest rates.
The benchmark Kospi index edged up 8.2 points, or 0.6 per cent, to close at 1,294.89.
Advancing issues outnumbered losers 414 to 406.
The main index of the technology-heavy Kosdaq market declined 1.63 points to 369.84.
Tokyo - Japan's benchmark Nikkei 225 Stock Average gave up early gains Thursday to end at a five-year low as concerns lingered over the global financial crisis.
The key Nikkei index fell 45.83 points, or 0.5 per cent, to close at 9,157.49.
But the broader Topix index of all first-section issues went up 6.1 points, or 0.68 per cent, to 905.11, a day after nine central banks lowered interest rates.
The Bank of Japan injected a record 4 trillion yen (39.8 billion dollars) into the money markets Thursday amid escalating concerns over the financial crisis.